- Created: Tuesday, 12 December 2017 11:05
- Written by Steve Palmer
Clowns distract us and amuse us, whether in the circus, or in the White House. The liberal media are preoccupied with Trump’s tweets: whether stupid, ignorant, fascistic, they’re always unpredictable and good for gossip. But they cloud what is really going on. Behind the apparent chaos, discord, investigations and lies, a coherent plan is unfolding. Beyond the clowning and beyond the tweets, the US ruling class is undertaking a comprehensive remodelling of US capitalism, making it even more exploitative, aggressive and anti-people. Steve Palmer reports.
Trump has demanded that regulatory agencies delete two rules for every new one introduced. Incinerating protections for workers and consumers, the Trump administration is transferring even more power to finance capital, the chemical and pharmaceutical industry and fossil fuel companies by weakening regulation, changing legislation and modifying tax policy. A Regulatory Accountability Act is in process which will make it immeasurably easier for capitalists to gut, challenge and delay consumer and worker protections. Class action law suits against banks will be forced into arbitration – a much more favourable arena for the banks, since many of the arbitrators come from the industry. Agencies are increasingly populated by ex-lobbyists as ‘advisors’, who ensure that it is corporations, not working people who gain under Trump.